Add-on Acquisition • Distribution

Italgas Acquires 2i Rete Gas

On October 5, 2024, Italgas acquired distribution company 2i Rete Gas from F2i SGR

Acquisition Context
  • This is Italgas’ 1st transaction in the Distribution sector.
  • This is Italgas’ 1st transaction in Italy.

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M&A Deal Summary

Date October 5, 2024
Target 2i Rete Gas
Sector Distribution
Buyer(s) Italgas
Sellers(s) F2i SGR
Deal Type Add-on Acquisition

Target Company

2i Rete Gas

Milan, Italy
2i Rete Gas operates in gas distribution sector. The company serves 4.5 million customers with around 2,200 active concessions and a managed network, largely owned, of around 70 thousand km. 2i Rete Gas was founded in 2000 and is based in Milan, Italy.
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Buyer Overview 1

Buyer

Italgas

Milan, Italy

Category Company
Sector Distribution
DESCRIPTION

Italgas have been distributing gas for over 185 years and also operate in the water, energy and technology sectors. Italgas is based in Milan, Italy.


Deal Context for Buyer #
Overall 1 of 1
Sector: Distribution 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Italy 1 of 1
Year: 2024 1 of 1

Seller Profile 1

SELLER

F2i SGR

Investor Investor Investor Investor Investor


Category Infrastructure
Founded 2007
PE ASSETS 8.3B EUR
Size Mega
Type Sector Focused
DESCRIPTION

F2i SGR is an Italian investor in infrastructure and other real assets. The Firm primarily targets assets located in Italy and will consider both minority and majority positions. F2i was formed in 2007 and has offices in Rome and Milan.


Deal Context for Seller #
Overall 1 of 4
Sector: Distribution 1 of 1
Type: Add-on Acquisition 1 of 2
Country: Italy 1 of 4
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 FiberCop

Milan, Italy

FiberCop is a company that builds and operates fiber-optic networks to support fast and reliable digital services. FiberCop is based in Milan, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-30 Bologna Airport

Bologna, Italy

Bologna Airport is the management company of Bologna Guglielmo Marconi Airport. Bologna Airport was founded in 1981 and is based in Bologna, Italy.

Sell -